Homeowner Destroys House Before Foreclosure

The owner of a local mortgage company is about to lose three of his homes to foreclosure. The notice came as a surprise to some of his renters, but what is really shocking is what's happening at one of the homes.

Category:

News & Politics

Tags:

• Las
• Vegas
• Foreclosure

[godscuttingyoudown]

I love how the news is despretly trying to make this look criminal, where was the media during the gulf spill how many neighborhoods where destroyed by BP

[lema4]

If I was this guys neighbour I would help him fuck up his house Solidarity you bunch of materialistic douches. What the hell is wrong with these people.Maybe just maybe these people need to loose their home. Wake up people walk a mile in someone else's shoes.

Most of these people still believe that the federal reserve is federal, They're sitting at home waiting for their favorite TV show to come on the idiot box Their heads are so far up their ass.

[setonhall5]

"we couldn't go swimming yesterday..." boohoo

[giggi4455]

@mysteryboy162

This man is a genius , a hero, a role model, an inspiration em, and should be regarded with the highest respect and admiration for his actions. If I knew him, I would shake his hand, help him destroy his house, and buy him several beers.

[giggi4455]

@mysteryboy162

This man did nothing wrong as he had the title to the house. Yes, the bank had a lien on the house, but a lien does not give you ownership rights, it give you a claim. The property was still legally owned my the man. Even 1 day before the forecloses , the title is STILL in the man's name, not the bank. This act was legal and should be labelled for what it is, a disposal/destruction of property -not vandalism. By definition, you cannot vandalize your own assets.

[giggi4455]

@mysteryboy162

No. His debts will not increase. Think about it. Let's say he wasn't facing foreclosure, and just decided to destroy his house because he felt like it. So now he would own a house that is destroyed. His debt to the bank remains the same, albeit the value of the house has decreased. Further, it is not illegal to destroy your property. You are free to use, gift, capitalize, and dispose of property any way you see fit.

[mysteryboy162]

He is understandable, they do that in the last episode of Our Little House, too, but won't he have more/new debts now (given the fact that it is proven that he was the destructor)?

[THEMASTEROFYOU2000]

gawd dayum @ these poor neighbors, who."ccant go swimiing because of the fumes".lmmfao.I call bullshit, they were all just wAiting to grab the house up for the cheap.and more than likely that dude was renting, as usual the landlord just stopped paying the morgauge but still collected rents, thats 80% of this deal really, then renters, who have paid faithfully, get eveicted with no place to go, so this dude says F*ck-it, two can play at the ruin yer life game.FTW!

[skiie]

Even computer disks folks. Even computer disks.

[remastered1950ford]

mmm wish he live in my city, i would bring over my bull dozer to beat that concrete off the outside walls. Damn those rich bankers